First postwar Japanese government bonds issued

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• Princes of the Yen whole source · open book

  In November 1965, the first batch of Japanese government bonds (JGBs) came onto the market. This change tipped the power balance between MoF and the BoJ distinctly in favor of the BoJ.

  chapter: 6. The First Bid for Central Bank Independence

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• Richard Werner author of the source

Appears in 2 stories

• Paper money, central banks, and credit creation step 23
• Princes of the Yen: Japan built, bubbled, and broken step 110

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